Turning Point Brands (TPB) Work In Process (2020 - 2024)

Turning Point Brands (TPB) posted quarterly Work In Process of $37.8 million for Q3 2024, down 28.78% YoY from $53.0 million in Q4 2023, and down 9.28% sequentially from $41.6 million in Q2 2024.

Turning Point Brands (TPB) Work In Process (2020 - 2024) Analysis & Trends

Turning Point Brands has disclosed Work In Process across 5 years of filings, most recently posting $37.8 million for Q3 2024.

  • In Q3 2024, Work In Process fell 28.78% year-over-year to $37.8 million; the TTM figure through Sep 2024 stood at $37.8 million (down 28.78% YoY), while the FY2023 annual figure was $34.9 million, down 19.72% from the prior year.
  • Work In Process declined to $37.8 million in Q3 2024, from $41.6 million in the prior quarter.
  • Over the last five years, Work In Process for TPB reached as high as $55.8 million in Q2 2023 and fell as low as $32.9 million in Q4 2020.
  • The 5-year median for Work In Process is $41.5 million (2024), against an average of $42.5 million.
  • Annual changes were most pronounced in 2022 — Work In Process climbed 21.18% — and 2024, when it retreated 28.78%.
  • A 5-year view of Work In Process shows it stood at $32.9 million in 2020, then increased by 8.96% to $35.9 million in 2021, then gained by 21.08% to $43.5 million in 2022, then slipped by 19.72% to $34.9 million in 2023, then gained by 8.22% to $37.8 million in 2024.
  • According to Business Quant data, Work In Process over the past three periods registered $37.8 million, $41.6 million, and $41.5 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Altria 66.91 Bn 63.43 Bn 3.51 Bn
2 RLX Technology 2.38 Bn 1.75 Bn 73.10 Mn
3 Turning Point Brands 1.68 Bn 1.51 Bn 68.30 Mn
4 Universal 1.30 Bn 1.29 Bn 98.47 Mn
5 Ispire Technology 65.31 Mn 47.02 Mn 1.99 Mn
6 Rythm 54.80 Mn 21.54 Mn 10.40 Mn
7 Greenlane Holdings 9.60 Mn -28.63 Mn 217,000.00
8 VPR Brands 4.59 Mn 1.87 Mn 138,574.00
9 Lftd Partners 2.96 Mn 873,406.64 -1.71 Mn
10 22nd Century 128,296.63 -9.42 Mn -636,000.00

Historic Data

Download Data
DateValue
Sep 30, 2024 37.76 Mn
Jun 30, 2024 41.62 Mn
Mar 31, 2024 41.46 Mn
Dec 31, 2023 34.89 Mn
Sep 30, 2023 53.02 Mn
Jun 30, 2023 55.79 Mn
Mar 31, 2023 40.13 Mn
Dec 31, 2022 43.47 Mn
Sep 30, 2022 46.23 Mn
Jun 30, 2022 49.16 Mn
Mar 31, 2022 47.73 Mn
Dec 31, 2021 35.90 Mn
Sep 30, 2021 38.15 Mn
Jun 30, 2021 40.78 Mn
Mar 31, 2021 41.71 Mn
Dec 31, 2020 32.95 Mn